ACCOUNTS PAYABLE AUTOMATION WORKFLOW Created by ChecklistGuro (https://checklistguro.com) [ ] Fetch Unprocessed Invoices: Retrieve all invoice entries from the Invoices data model where status is 'Pending'. [ ] Get Vendor Details: Fetch vendor contact information and payment terms from the Vendors data model based on the invoice vendor ID. [ ] Calculate Total Amount Due: Sum the subtotal, tax, and shipping fees from the invoice entry to calculate the final payable amount. [ ] Update Invoice Status to 'Reviewing': Update the status of the retrieved invoice entry to 'In Review' to prevent duplicate processing. [ ] Create Approval Task: Create a task for the Department Manager to review and approve the pending invoice. [ ] Aggregate Weekly Payable Total: Sum the 'Total Amount' property of all approved invoices for the current week to calculate liquidity requirements. [ ] Update Invoice to 'Approved': Change the invoice status to 'Approved' once the manager completes the approval task. [ ] Create Payment Record: Create a new entry in the Payments data model containing the approved amount, vendor, and scheduled date. [ ] Notify Vendor of Payment: Send an email to the vendor's email address notifying them that their payment has been scheduled. [ ] Finance Execution Task: Create a task for the Accounts Payable Clerk to execute the bank transfer. [ ] Mark Invoice as 'Paid': Update the invoice entry status to 'Paid' and record the transaction date. [ ] Remove Duplicate Entry: Delete any identified duplicate invoice entries from the system. [ ] Generate Monthly AP Aging Report: Generate a summary report of all unpaid invoices categorized by age (30, 60, 90 days). [ ] Notify Treasurer of High Value Payment: Send an SMS alert to the Treasurer if a single payment exceeds a predefined threshold. --- END OF TEMPLATE --- Transform this text into a digital, automated, and trackable mobile app! Visit: https://checklistguro.com/workflow-templates/accounting-management/accounts-payable-automation-workflow (Click "Install Template" to launch your digital inspection tool immediately)